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Why Did Atlas Pearls’ Revenue Drop 27% While Sales Volumes Rose?
8:04pm on Thursday 26th of February, 2026 AEDT
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Consumer Discretionary
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Why Did Atlas Pearls’ Revenue Drop 27% While Sales Volumes Rose?
8:04pm on Thursday 26th of February, 2026 AEDT
Key Points
Revenue declines 27% to $13.6 million
Net loss after tax of $5.2 million versus prior profit
Normalised EBITDA falls 49% to $3.2 million
Inventory levels halved with higher-value pearls proportionally increased
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ATLAS PEARLS (ASX:ATP)
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